Republic Engineered Plans Upgrade of Lorain Plant
REP representatives urged the Lorain County Port Authority to fund 3 million for upgrades at Republic Engineered Products Lorain plant to become the companys flagship facility. The plan includes a 19.4 million large diameter rolling mill boosting output from 55 to 120 tons per hour and cutting processing costs versus the Massillon mill. The project faces local concerns over job losses and tax abatements while buyers await a December port meeting and potential special session.
MENTIONED IN THIS ARTICLE
Elyria
Republic Engineered Products
Lorain
Lorain County
Huettich
Republic Technologies International
Massillon
RTI
REP
Buottich
Port Authority
Republic Technologies
James Cordes
The
Lorain County Community College
Roy Church
Port Authority funds approved for Lorain visitors bureau
Lorain County Port Authority approved nearly 1.3 million dollars in bonds to fund a 6,000 square foot visitors bureau on state Route 58 north of Route 113. The project marks the authority’s first funding, with construction possible in the coming months weather permitting. Pat Cano of the visitors bureau could not be reached for comment.
MENTIONED IN THIS ARTICLE
Elyria
Lorain County
Joseph Robertson
Port Authority
Visitors Bureau
County Commission
Pat Cano
Toy Shortages Loom in West Coast Port Shutdown
New York AP report says holiday toy shipments may be delayed due to a 10 day West Coast dock shutdown and post strike backlogs. Barbie as Rapunzel tops expected toys, with others like Gi-Oh and Bratz Funk N Glow noted. industry groups warn shortages may affect retailers and families budgets.
MENTIONED IN THIS ARTICLE
New York
West Coast
Asia
David Novitsky
KB Toys Inc
Mattel
PlayDate Inc
United States
MGA Entertainment
Toy Biz
LeapFrog
Rockstar Games
Electronic Arts
Sean McGowen
PlayDate
Gerard Klauer Mattison
Tom Conley
Toy Industry Association
Marie Carre
Hutch Tyree
New York City
Fisher Price Rescue Heroes
Costume shops chase trends in Hollywood driven outfits
Costume shop buyers scout Hollywood releases early, pricing and ordering by March as Spider-Man dominates kids costumes. Spirit Halloween CEO says films propel demand, with Lilo and Stitch underperforming while classics like Mulan and Pocahontas flood shelves. Trade shows reveal protoypes for soon-to-be released films.
MENTIONED IN THIS ARTICLE
Power Rangers
Joe Marvel
Hollywood
Austin Powers
Marvel
Hayward
Calif
Spider-Man
United States
Lisa Muller
Halloweenmart.com
Chicago
Muller
Lincoln Electric to buy Hyundai Welding Ltd
Lincoln Electric Holdings will acquire Hyundai Welding Ltd of South Korea for about 143 million dollars. The Cleveland firm, expanding in Latin America and Eastern Europe, expects the deal to close in Q4 and boost earnings per share in the first year. Hyundai Welding employs about 590 people with plants in Pohang and operations across Asia, with 2002 sales projected around 130 million dollars.
MENTIONED IN THIS ARTICLE
Cleveland
Dow Jones/AP
Lincoln Electric Holdings Inc
Hyundai Welding Ltd
Lincoln
Latin America
Europe
Hyundai Welding
Pohang
South Korea
Asia
Stocks fall on profit taking amid awaited economic reports
Wall Street retreated as investors booked profits with no big earnings news in view. The Dow fell 75.95 to 8368.04 while the Nasdaq slid 15.30 to 1315.83 and the S&P 500 eased after three weeks of gains. Analysts warned of further weakness until unemployment and manufacturing data arrive and the Federal Reserve meets.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Charles G. Crane
Victory Sbsf Capital Management
Standard & Poor
Dow
Iraq
Federal Reserve
Va Ene
Bann Dent
Dollar Drops as Traders Flee After Sudden Selloff
The dollar slid in heavy selling Monday as European currencies rose and US stock declines pressured the dollar. The euro topped six cents higher, yen dropped to 124.00 per dollar, Swiss franc near 1.4984, and the British pound climbed to 1.5596 amid a tense market. Hewlett Packard jumped after Lehman Brothers upgraded shares to overweight, lifting to 15.27.
MENTIONED IN THIS ARTICLE
New York
Lehman Brothers
Also Mentioned on This Page
John George
Ted
Kristin Yarbrough
Kyarbrough
Chronicletelegram
Oks
Vistin Yar
Chronicle-Telegram
Kerstin Yerbrough
Hope Toys
Mang
Lisa
Carre
Jack Goodman
Gerard Eastman
San Francisco Chronicle
Lincoln Electric
A.C. Moore
Dunvegan Associates
Santa Barbara
Kellogg
Procter & Gamble
BA DenniOn da
Pepsits
Humana
Citigroup
Thaetlentant
American Express
Dow Jones/ AE
Grant Wilson
Mellon Bank
Pittsburgh
Company
Hewlett-Packard
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